by Scott Murphy $57 Million as a sales price for a Hong Kong apartment? That’s a price that would make the most expensive areas around the world such as San Diego, Los Angeles, New York and even London cringe. This five-bedroom, 6158 square foot luxury duplex suite located at one of Hong Kong’s most prestigious addresses was bought by an unidentified Chinese buyer. And if you think that is…
Luxury Gadget: Bladeless Fan
by Roberta Murphy I love the genius behind Dyson engineering and products. Instead of thinking outside the box, these air gurus study the box very closely and re-engineer it into device that works better than its predecessors.We love the Dyson vacuums and find them intuitively simple to use. They are also nearly indestructible. The Dyson wizards have also invented a hand dryer that really works–with air that travels in the…
States Soak the Rich–and Lose
Soak the Rich? Yesterday, the Associated Press reported that millionaires are fleeing their luxury homes in New York to establish residency in less-taxing states. As a result, New York is receiving far less revenue than was expected from the wealthy since these wealth taxes were enacted last April. Call it the law of unintended consequences. To be fair, many of these losses come from scaled-back salaries and layoffs on…
Moving a Luxury Home
The move from a luxury home can be a daunting one–especially when grand pianos, snooker tables and valuable art need to be both carefully packed, insured and moved into new abodes. One of our readers, Kirstie Birkewitz, is not only a writer, but co-owner of a careful moving company in San Diego–and has some excellent tips for luxury home relocation Specialists are needed to make the event a success! Moving…
10 Billionaire School Dropouts
by Roberta Murphy Most of us grew up believing that education and earning power were irrevocably shackled to each other, and where one went, the other inevitably followed. These days, we’re not so sure. Especially with the number of billionaire dropouts. Below, a partial list of billionaires who dropped out of school and went on to become outrageous successes in the technology, entertainment and fashion fields. 1. Sir Richard Branson dropped out…
Most Luxurious Prisons
by Roberta Murphy Bernie Madoff is headed for several lifetimes in prison–and which leads us to wonder: Where are the cushiest prisons? And wouldn’t you know, Forbes.com provides a timely list of the top-rated federal prisons. They looked for such amenities as email, proximity to major airports, weather and internal substance-abuse programs, a sentence-reducing ploy used by non-addicted white collar criminals. Other qualifiers for the luxury prison list include pleasant guards,…
Luxury Hotels and Timeshares Struggling?
by Roberta Murphy We are seeing luxury scaled down on many fronts, and luxury hotels and timeshare resorts are taking it on the chin as well. For the first five months of this year, according the the Wall Street Journal, U.S. hotel occupancy has declined 53 percent. This is the lowest drop in occupancy since 1987, when Smith Travel Research began tracking these numbers. While both luxury and budget hotels…
Neverland to Go on Market Again?
by Roberta Murphy (It is with sadness that we learned of Michael Jackson’s death due to a heart attack this afternoon, apparently at his Holmby Hills mansion. In the days ahead, many will be wondering about the fate of Neverland. Our prayers and kind wishes are extended to the Jackson family.) Over two years ago, we were speculating about the fate of Michael Jackson’s Neverland and wondered if it would…
No Luxury in Loss
In the blogging world, an absence of six weeks is almost unforgivable. But had I draped a black cloth over it on April 24, 2009 you might have understood. That’s the day my Dad and best friend, Bob Michelson, died in Encinitas, CA after a lengthy illness. It’s really tough to become an orphan when the last parent exits–especially if the relationship has been a close one. I shared this…
Top 10 Things to Buy Before Economy Recovers
by Roberta Murphy According to Forbes.com, now may be the best time to make some of those major purchases wise shoppers have been putting off for so long, particularly if one has the luxury of capital. The Forbes list: 1. Homes. Low prices fueled by foreclosures and short sales, coupled with low interest rates and possible income tax credits, make this an opportune time to shop real estate. 2. Cars….
